Axios: The U.S. will purchase Iranian oil for the first time in 30 years.

      The United States will purchase Iranian oil for the first time since 1996. This will bring in about $14 billion in revenue, said Axios journalist Barak Ravid. "The U.S. will allow Iran to receive about $14 billion in revenue from oil sales. This is a huge financial concession to Iran from the U.S. This is the first time the U.S. has bought Iranian oil since 1996. All of this is happening amid the war against Iran," the journalist wrote on his social media page. Information about the easing of sanctions on Iranian oil became known the day before — the U.S. issued a license allowing the sale of fuel loaded onto tankers before March 20. The measure will be in effect for a month, until midnight on April 19. Today, U.S. Treasury Secretary Scott Bessent noted that this decision will bring about 140 million barrels of Iranian oil to global markets, which "will help reduce the temporary pressure on markets caused by Iran." He clarified that it will be difficult for Iran to access the profits from the sale of the energy resource. Recall that hostilities in the Middle East flared up on February 28, when Israel and the U.S. shelled Iranian territory. Tehran began a retaliatory series of missile strikes and drone attacks on U.S. bases in Persian Gulf countries, and transit through the Strait of Hormuz was blocked. A number of countries in the Middle East region reduced their total oil production by 6.7 million barrels per day amid the crisis. Against this backdrop, global oil prices surged sharply. A few days ago, prices rose to nearly $120 per barrel, then decreased, but by the morning of March 12, they again exceeded $100. In recent days, they have fluctuated above $100.